Company Earnings UpdateBrookfield Property Partners (NASDAQ: BPY) 1Q19 Results: Beats Consensus by a Penny, Completes Share and Unit Repurchases Coresight Research May 7, 2019 Executive Summary Brookfield reported 1Q19 FFO per unit of $0.38, up 25.0% year over year and beating the consensus estimate by a penny. Net income was $0.32 per unit, compared to $0.69 in the year-ago quarter. Core retail exited the quarter at a 95.3% occupancy rate, down 10 bps year over year. NOI-weighted sales per square foot were $765, up 4% year over year and up 3% sequentially. During the quarter, the company completed $490 million of gross asset dispositions, at prices 3.6% higher than their International Financial Reporting Standards (IFRS) value. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: CEO Brief: Intelligent Inventory—Achieving Inventory ExcellenceRetail 2025: 10 Trends Shaping the Retail Media MarketEconomic Sentiment Shows First Uptick in Eight Weeks; Plus, Drugstore and Pharmacy Shopping in Focus: US Consumer Survey InsightsAnalyst Corner: Three Themes Transforming US Apparel and Footwear Retail in 2025, with Anand Kumar
